The latest in what’s happening in the B.C. business community and beyond

Each week, BCBusiness gives you an update on some of the stories turning heads across the province.

With the wonder of virtual reality, here’s what had our focus this week.

The adventure is chosen for you

You’ve heard a lot about Vancouver’s VR/AR scene, but have you experienced it yet? The virtual reality film Downloaded takes the audience directly into the plot, where the viewer and Lisa (Riverdale’s Tiera Skovbye) have built a machine known as the Atomizerator, but something has gone horribly wrong with the science experiment.

Written and directed by Vancouver-based VFX veteran Ollie Rankin, one hopes that VR is integrated into the feature film experience a bit more seamlessly than the early incarnations (and honestly, the current efforts aren’t that great, either) of merging film with 3D technology.

“This project represents perfectly how virtual reality can be a revolutionary media for storytelling,” said investor and collaborator Daniel Japiassu of Vancouver-based YDreams Global in a release.

Drink up

No longer will marijuana users have to suffer through the pains of having a dry mouth. That’s because Vancouver’s Sproutly Canada Inc. is introducing the first water-soluble cannabis.

There’s nothing new about infused beverages, but the company has enabled cannabis to be water soluble, which allows the drug to be infused into any drink.

“Sproutly will be a provider of the world’s first naturally water soluble cannabis beverages in alcohol and non-alcohol drinks,” according to a press release.

Some might think that mixing two drugs together is a risky move, but hey, it worked for coffee-infused beer.


Henry McWatters in his element.

Grape reviews

Time Winery appears to be on the verge of a soft opening this weekend. With a name befitting a prospector or old-timey railroad operator, Harry McWatters has been working on launching Time for some, well, time.

McWatters converted a former movie theatre in downtown Penticton and hopes to host a grand opening in late 2018.

Office costs

A new report by the Vancouver branch of multinational firm CBRE has found that Vancouver recorded the largest price increase for downtown prime office space in North America, followed by Manhattan and Toronto. 

The Global Prime Office Occupancy Costs report concluded that downtown Vancouver, at a rate of 16.1 percent, is the fourth fastest cost growth market for prime office, following Durban, South Africa, Bangkok and Marseille.

Vancouverites pleading for reasonable costs in the city have can take some solace in the fact that even despite this, Vancouver is still not in the Top 50 most expensive office markets in the world. It comes in at 71.